ANALYZING THE DYNAMICS OF THE RELATIVE POVERTY RATE IN ROMANIA DURING 2007-2015

• Main Author: TOMESCU-DUMITRESCU CORNELIA
• Format: Article
• Language: English
• Published: Academica Brâncuşi 2017-12-01
• Series: Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
• Subjects: relative poverty rate; statistical indicators; income; dynamics indices
• Online Access: http://www.utgjiu.ro/revista/ec/pdf/2017-02.Volumul%202%20Special/02_TomescuCornelia.pdf

According to the definition of the National Institute of Statistics, the relative poverty rate represents the proportion of the poor (according to the relative estimation method) in the total population. It is considered poor people in households with an adult-equivalent income (including or exclusive of own resource consumption) lower than the poverty threshold. This indicator is currently determined for the 60% threshold of the median of adultequivalent income. The indicator is sometimes referred to as "the risk of poverty". To analyze the dynamics of the relative poverty rate for the period considered, we used the statistical indicators of the chronological series, respectively the absolute, relative and average indicators.